more than £2 million banked since launch

12 Oct

OCTOBER 12, 2011

Making summer last


**Reminder; Because Of Spanish Hols Next Update Nov 2Nd **

The all new edition of my book Naked Trader 3 is out now !!! And there is a special offer right here if you order it from this website..

The two benefits of the offer are:

1- You will get your copy first, next day delivery!!

2 - But second and most important the first 500 to order from this website only gets an exclusive


Naked Trader Chocolate Bar

Yes a very nice indeed (I can guarantee that!) NT choc bar comes with each order if you are in the lucky first 500 to order! And there are only a few bars left so get cracking!

So what are you waiting for order here or by clicking on the book on the right! Or on the link coming up in a mo..

It took me flipping ages to write this third edition... but I felt as the last one was written in 2007 it needed a total update and overhaul.

And since we had two bad markets, one in 2008 and one, well, er, around now there is much more in it on what to do in the event of down markets. All trade examples are of course are much more current, from the last year or so.

And of course markets change so I have learned a lot since 2007 and it is all in the new edition.

But lots of new strategies including my top 20, lots more mistakes to avoid, loads of new trader tales, cartoons and a bit of fun too.

Those who bought NT 2, there is plenty of new stuff in it for you and if you are a beginner, you can buy NT 3 without having to buy NT 2.

I hope you all enjoy it - and can tell I put a lot of effort into it and I really hope if it just stops one person from making the mistakes I did it will be worthwhile.

Indeed I hope the book is worth it even if you read about other people's stories, it is amazing how so many make exactly the same mistakes.

Anyhow if you buy it I hope you enjoy it!

So to get hold of the book first and that chance to win a Naked Trader chocolate Bar click here!
http://books.global-investor.com/books/818560.htm?ginPtrCode=10453

(Anyone who already pre-ordered it from here is also in the chocolate hunt!)

** My book about spreadbetting , you can order it here:

http://books.global-investor.com/books/401334.htm?ginPtrCode=10453

Right that is enough marketing, isn't it, especially as I only get £1.67 per sale...!

First a note I'm away on holiday abroad over half term for a couple of weeks but back again here bright and breezy on Nov 2nd.
Well I shall be meeting a few of you on Friday for the seminar, look forwards to it immensely, I really enjoyed the last one and hope it will be an interesting day.
Always is fascinating for me as you never know what will happen with the live markets all day and look forwards to chatting to some of you in the breaks and over lunch. More about Friday's event on the way for those of you coming.
That one is sold out now and a reminder for those of you who missed this seminar I booked a new and last date for the year, Nov 25th, so if you want to spend a day with me and the markets see below somewhere for how to get info for that date.
I'm off to the sun for the half-term break .. and to celebrate my gulp birthday. How did I get so old so fast? Remember I keep telling you it goes by fast. Stop fiddling with your i-thing, get out there and enjoy life before it is too late.
We're off to Tenerife with some friends and their family to a five star resort with plenty of activities for children so I dream of lying by the pool in the sun listening to music. A nice restaurant is booked for my birthday when I will be probably sobbing into my cocktail as time catches up and I can say I can never call myself young again.
Of course there are benefits to being an old fart too!
Another benefit of being away is Grandad and Grandma are staying at our place visiting London. The main benefit is Grandad is a top notch painter and he is giving the whole place a lick of paint. Which is rather handy as those of you with small boys know they smear stuff all over the walls!
I'm sure my young lad is going to have a whale of a time in the sunshine, we'll be playing lots of football and loads of swimming!
His football is really coming on! He's been moved up a grade and is now in a game with older lads than him.
It's fun to see the look on the faces of the bigger ones as this little guy comes shooting at them, relieves them of the ball and before anyone knows it, it is in the net.
I've given up getting anywhere near him. I get beaten 22-0 every time.
Me and the lad had such a lovely time yesterday. I picked him up from school and we walked to Richmond Park and sat by the amazing deer. At least 100 of them and we had a good chat with a couple of cyclists who stopped to look. Then we played some football and had a long wak to a restaurant to get some food and do homework.
Then onto the adventure playground for a final play and we chatted throughout, Yet another lovely memory for me for a year which is becoming full of great memories.
And of course the best memories come from stuff that doesn't cost money. The best things in life really are free.
My knee is really on the mend now thank goodness and I'm even considering not having the psysio on it as it is getting to the stage where it feels close to being normal.
I got a letter to say it is not a fracture which is a relief.
However was most disgusted to get a phone call from one of those parasite injury claim no win no fee lawyer firms.
They call, urging me to blame my fall on the council and claim compensation.
The fall was my fault totally and I have no intention of blaming anyone but myself. The reason insurance rates are climbing so high is in part due to these people who encourage others to claim money from in effect the taxpayer when the tax payer can't afford it right now.
The most sinister part of it was who told them and who gave them my phone number.
It could only have been the hospital. Or the GP at the hospital. Someone in the NHS is making a fortune in commission tipping off the parasitic lawyers.
This is terrible. I always give out a false number usually so I don't get sales calls but of course to a hospital you give out the real number not expecting the NHS to sell it. Or at least people working for them to sell it.
This info was not known by anyone else except the hospital. What a flipping disgrace. You just don't expect patient confidentially to be breached like this.
Well, before I head off to Tenerife I look forwards to seeing some of you at the seminar on Friday. In fact I better get some packing done... though I suspect in reality 10 T shirts and 3 pairs of shorts should do it!
Looking forwards to seeing those of you coming to the seminar on Friday and hope you will find it an interesting day, more news on future seminars below.

It got sold out at the weekend, sorry to disappoint one or two who tried to book today and yesterday but I know you can make Nov 25th instead.
I always end up enjoying them. Every one ends up being a bit different as it all depends on who is there and sometimes there are some very different roads we end up in. Quite a few beginners coming to this one so there will be a beginners session, I really enjoy the basics.

And often seminars are also great for my trading as inevitably in all that time some shares come up that I might not otherwise have spotted and researched.

In the years I've been doing them I remember some fantastic ones popping on screens, the best one was the seminar where Mulberry kept appearing at 250... I remember buying the following Monday and although I sold out too early at 950 it was a tremendous profit. And the other really good one was Dialight that was 150 at the seminar and pushes 700 now. Microgen was also a goodie I remember.

Of course we will probably be facing the current hard and volatile situations but that could make it even more interesting, I hope so. I'll definitely have some ideas on how to handle it.

Those of you coming on Friday doors open 9.30am... follow the signs to Naked Trader..

Please come and register first from 9.30am and then find a seat - coffees will be there waiting for you..... And there's another load of coffee and tea and snacks due to arrive at 11am.

Hopefully something nice for lunch and then more snacks a bit later.

Please do not worry if you are late, it's easy to get delayed Mrs NT will direct you to a seat.

Grab a coffee and just relax, I promise to be gentle with you all. I hope you all enjoy the day, as it's live from the markets who knows what will come up. And as you know I talk plain English with none of that idiotic jargon.

If you missed the seminar as it got sold out the next one is not too far away, and the last one this year and it's on Nov 25th so you can now book that one - good news is as I am only just starting to take bookings there is a decent early bird discount on offer!

For details on the new Nov 25th date , email me at robbiethetrader@aol.com with "November seminar interested" in the subject line.

Do not forget to claim the decent early bookers discount!

Beginners and improvers welcome! Come and spend the day with me, the markets and some lovely people - and of course, lunch!
If you mail me I will then send you details and a full agenda of what is covered. Also more details below somewhere.

My seminars are designed for beginners, dabblers and improvers and deals with everything from how to look for winners, how to research, spreadbetting, level 2 use how to time trades and short, how to use advfn properly and run your portfolio without having to spend money on systems and tipsters.. and tons more.
A lot of the day comes directly from the live markets and I show you many of the tricks I use to get good prices live. And there might even be the odd live trade or 2!


**Follow Up Seminars**

If you have been to a previous seminar of mine there are two follow ups this year.
One is be a follow up day with me, with mainly searching for ideas and all day level 2 and placing orders on the book - "follow up seminar". This is on Nov 18th.
The other is a Technical Analysis seminar with top trader Susan and myself - this is usually on a Saturday Dec 3rd - this would give you a basic grounding in how she uses Technical Analysis for great entry and exit points. I've had plenty of good feedback from these sessions.
If interested in either please email me at robbiethetrader@aol.com with either "Follow up interested" "TA interested" or "both interested"
Both will only go ahead for defiinite if there are enough bookers!
I get quite a few mails asking what magazines or news services I subscribe to etc. Well, hardly any!
However I do take (£8.99 a month though take the yearly option at 20% discount to that) a daily email which is my main source of news about such things as broker upgrades, main news items, analysis of stocks and markets, forthcoming company statements and events, stock recommendations and targets from the top brokers, what kind of earnings expected from companies and a whole heap more useful stuff.
I sometimes get ideas from this for companies to watch or monitor or even buy. And it's handy to get a summary of what the brokers are saying and looking at future earnings etc.
It usually arrives around 5ish every day.
I contacted the people that put it together and they offer a free 14 day trial of it to my readers - so you can cancel after 14 days if you don't feel it's useful enough.
Once you cut and paste this link into your browser, click "uk 14 days free trial" then I would go "yearly option" which gives a 20% discount making it just over £7 a month, as you can still cancel seems worth it. Hope you find it useful like I do. It's one of the few paid for news services that has really impressed.
http://bit.ly/eBPXuG

I do also get the Investors Chronicle delivered by the newsagent every Friday. It's always worth a read and brings to my attention things I may have missed.

An interesting email from a reader. The thrust of it was he was going to buy a share after doing a lot of research but then it went up 12% and he hadn't bought it yet. So he felt angry.
How does he stop/halt the feelings of anger?
Well, you have to take the emotion out of trading. Which isn't easy.
I suggested he should read this book.. by Jason Zweig
http://books.global-investor.com/books/256158.htm?ginPtrCode=10453
This is the one to read on psychology. Great read.
Fancy getting the naked trader updates direct into your inbox? And a bit before it gets updates on the net including news from my pension trades made from my SIPP?

All you have to do is take a phone or energy service from the Utility Discount Warehouse at www.utilitywarehouse.org.uk/fabdeal.

I get some commission and you get the service! On top of that you ought to make some amazing savings on your phone, broadband, or energy use or all! There's even an internet phone where you can make free calls from wi fi hotspots!

Prices are guaranteed lower than the top 6 suppliers but even better you can get huge discounts on your energy/phone bill if you shop at places like Marks and Spencers, Boots, Sainsburys and a whole load more. 5% of your spend comes directly off your billl. Many are saving a fortune from their energy bills.

So save a few quid, and get my stuff in your inbox! A win win? Mail me at robbiethetrader@aol.com with "mail service" in the subject line and I'll send you details.

Spreadbetting firm Tradefair Spreads has upped its offer exclusively to Naked Trader readers to a £100 credit. This offer is exclusive to me and not available anywhere else...
I've been using them for a few weeks to check that I'm happy with the service. As you know I don't take ads or allow referrals on the site unless it's a company I've used and I feel confident about.
What I like about it is it's easy to use, spreads are surprisingly tight on the smaller companies and interestingly an automated stop loss is applied to each trade - so beginners know what their max loss is from the outset.
Anyway they now offer a £100 credit as long as you deposit £100. You get the credit after you placed 5 trades (Terms and conditions apply)
If you'd like to apply for an account with Tradefair Spreads and get the freebie click this link:
http://www.tradefair.com/promo/spreads/nakedtrader100/

The number of emails to me is nearly reaching saturation point and I'm struggling! I'm getting 100s which is lovely in a way but killing me in another.
The main problem is the length of some of them, indeed some run to the length of novels, so, please, help save my eyes and please keep mails to under 150 words.. you can do it! It's close to the stage where I am going to have to say I will answer all mails but those over 200 words will get deleted. Keep them short and sweet, please!!
Also, it's possible the answer you seek from me is already in FAQ's. And do remember I can't discuss individual shares with you as it would be classified as investment advice which I'm not authorised to give.
Many of you enjoy the cheap advfn toplists bronze deal through me as do many of you with the cheap level 2. However many of you say you want a half-way house to include real-time share prices always on.
So I'm pleased to announce I've managed to seal a new deal with Advfn for its "Silver" service - that's always on real-time share prices for a good saving (Bronze toplists etc are included in this).
The deal is via me you can save £30 for your first year by paying just £138.06 inc vat via me instead of £167.47.
Just mail me for full details if you'd like it with "silver" in the subject line.

They've just re-published "The Zulu Principle" by Jim Slater who's written a 2008 update at the beginning.
This is a brilliant classic book. Reading this is a real pleasure and it was a great idea to republish.
Jim believes like I do the best gains can come from smaller stocks and in an easy to read style takes you through how to evaluate smaller companies that are about to become bigger ones - he uses some excellent examples.
Really this is a must read for all more longer-term investors or anyone looking to grow their money... a number of you have also written to me about this book and praising it.
Here is the link to buy it:
http://books.global-investor.com/books/167207.htm?ginPtrCode=10453
Here's a very topical one: The Little Book of Bull Moves in Bear Markets by Peter Schiff.
The book is all about how to keep portfolios up in a down market. He focusses a lot on how to play commodities and win with some sensible advice especially on natural resources and precious metals. He is very much a realist and there is no rubbish here: some straight talking and some interesting strategies.
Everyone who invests should think seriously about keeping portfolios up in bad times so this book should be read.
Well worth picking up at this link:
http://books.global-investor.com/books/271958.htm?ginPtrCode=10453
To order my new book Naked Trader 2 for next day delivery click this link... or the cover of the book top right!
http://books.global-investor.com/books/27120.htm?ginPtrCode=10453
Several people have asked me for a recommendation on a book which shows how to study accounts in a reasonably easy way. The one I like the most is http://books.global-investor.com/books/15717.htm?ginPtrCode=10453 by Robert Leach. Ten crunch questions to ask before buying any company.
It' s a decent easy-to-read book with several key chapters and it's highly recommended. It's one I keep and dip into from time to time. To order, click this link... http://books.global-investor.com/books/15717.htm?ginPtrCode=10453
The best book on charting and easiest read on the subject is http://books.global-investor.com/books/15618.htm?ginPtrCode=10453 by Alistair Blair. Click here -> http://books.global-investor.com/books/15618.htm?ginPtrCode=10453
Another good one is the second edition of http://books.global-investor.com/books/23792.htm?ginPtrCode=10453 by Peter Temple. Included in this one is how to use spreadbetting, CFD's warrants and trackers to reduce risk. And there are some decent trading strategies too.
This is an excellent book for new investors and also experienced ones. It explains all the things you may not be sure about in the markets and will explain the tools that are there. To order The Investors Toolbox by Peter Temple (new edition) click the following link for delivery in 24 hours... http://books.global-investor.com/books/23792.htm?ginPtrCode=10453


Naked Trader Seminar Latest News

**** BOOKING FOR FRIDAY NOVEMBER 25TH NOW OPEN


***Sorry October Event Is Sold Out ***

Fancy spending a day with me, learning all the ways I have learned over the years to find good shares and play the markets? Well, you can at one of my seminars!
Booking is open for the Naked Trader seminar on Friday Nov 25th

Price is £550 plus vat. There is an early bookers discount currently available.
That includes three course lunch, coffees, snacks etc. There is an early bookers discount currently available.
The seminar is mainly aimed at beginners and dabblers though improvers are welcome too.
Topics covered using live market feeds all day include: Market psychology, level 2 - a simple guide to how to use it for better timing; how to value companies; finding companies that are about to rise. I will also cover techniques for handling events such as the recent meltdown and volatility.
Spreadbetting: How to use it to gain an edge and go short. Market makers - how they work and how to beat them; how to stop losing money and make it instead and plenty more.
How to plan trade entries and exits - how to research companies and understand reports, plus all those niggly questions you always wanted to ask. How to set stop losses and targets. Charts and how to use them.
Also covered: Market maker tricks: How to spot tree shakes and use them in your favour, How to tell when NOT to buy a share. I use live ADVFN all day with lots of level 2 and looks at all kind of live market data.
The idea behind the seminar is SIMPLICITY. I don't use jargon or fancy words - everything is in PLAIN ENGLISH! No question is too stupid and the event is held in a friendly relaxed and supportive environment.
The idea is you will come away from the event I hope a wise and better investor with lots of new ideas. I try and translate complex topics into easy bite size pieces. I also aim for it to be entertaining as well as instructive.
If you are interested please e-mail me at robbiethetrader@aol.com with "seminar interested" in the subject line and I will send you full details of the event including comments from those who have come to previous seminars and you can then decide whether you would like to come. See you there!
One seminar attendee Clare wanted to write a testimonial about her experiences at the seminar which follows now!
"I've just come back buzzing from one of Robbie's seminars. What a day! He's just brilliant, and manages to pack an awful lot into one day, and with his enthusiastic and humorous delivery the day just flies by. There are no gimmicks, no sell, no "˜get-rich-quick' promises, just his own solid, sound approach which he has learnt over the years and which works.
He shows you how to minimise the risks and maximise the profits and points out the banana skins on the way. Where the seminar really comes into its own is when he teaches using live level 2. Hearing him talk through his thought processes and reasoning is invaluable, and really brings home everything from the book. He has endless patience answering peoples' questions, and really seems to care that everybody understands.
On top of that, you meet some really nice like minded people and swap e mail addresses, you're plied with
chocolates and coffee all day, have a great lunch and spend the evening getting tiddled with Robbie in the
bar afterwards! You might even get to see the amazing crocodile boots . . . .
Don't worry about the cost, it's easily worth it, and you'll soon make it back with your new-found investment skills, and in what you're no longer losing. If you're thinking of going along to his next seminar, whether you're a novice or an experienced trader, don't hesitate ""just go!
Thanks Clare, did you want the tenner in cash, or will a cheque do?


£100 Tradefair offer

I've started using Tradefair for spreadbetting - I like the auto generated stop losses which help to maintain discipline and that's good for beginners I think. And exclusively for Naked Trader readers they upped the offer to £100 credit.
So there's now a £100 credit on offer for anyone opening an account via me. You get that after 5 spreadbets (terms and conditions apply)
To get the offer, click here:
http://www.tradefair.com/promo/spreads/nakedtrader100/

Naked Rambling

Another politician in trouble!
There is a surprise! And we wonder why we are in so much trouble.
When we have been ruled over years and years by a bunch of self-loving low achieving lot, what do we expect?
They care little about the country, and only their own interests are really at heart.
And 95% of time is wasted on petty party politics instead of doing anything useful.
I won't bang on about this any more but cut taxes now and heavily if you want growth.
Take the Hong Kong example. Corporations pay a flat tax of 16.5%, individuals pay a salary tax stepped from 2 to 17%.
What sort of terrible deficit do these low taxes produce? A budget SURPLUS!!

Indeed everyone in Hong Kong is going to get a cheque from the government!
There is so much proof that tax revenues rise through growth when tax is cut. Yet because this country is steeped in petty politics it will never happen here. We are drilled to believe tax the rich!! Yet the rich just leave taking jobs and growth prospects with them.
Come on, let us try a flat tax of 20% for just one year. Now watch the growth and I bet tax revenues will go up.
I'm so pleased the Met Office continues with its we're heading for minus 20c winter and that we are due one of the worse winters ever.
Because as we all know take the opposite. Last year they forecast a mild one!
So I can pretty much guarantee now that this winter will be lovely and mild. So some good news!
So I am happy to watch Downton Abbey with Mrs NT and record Spooks and watch that on my own.
Downton is watchable though I thought the last episode was bodering on a bit naff.
The bit where the bloke comes back from the front the main woman fancies comes in and starts singing was cringeworthy.
Also, he seems to be able to get back from the front every weekend ... rather convenient? And without a scratch on him..
Yes okay I know, take with a pinch of salt... must be a car chase coming soon?
Elsewhere don't forget Curb More 4 late Sundays, continues to be the best comedy ever.
I see to have three Dragons Dens on tape but not watched yet which makes me think perhaps it's kind of run out of steam...
Duncan and Theo look tired and bored of the whole thing, time they were "out".

Although I think Duncan is once again getting some results in the bedroom department. "I'm in!"

The spreadbetting firm I use for sports betting is here:
Via this link Open a Sporting Index account and there's £100 cash offer - please check terms and conditions which apply.

http://www.sportingindex.com/?tpid=6755
Do remember if you do bet you ought to treat sports spreadbetting as entertainment - and expect to lose! Also with spreadbetting work out what your max loss could be and make sure you can afford it! In other words if you say backed the favourite at 15 for a fiver and they come nowhere your max loss is £75.


Naked Mail

Chris writes :
Chris the builder from sunny Wigan here, fan from day 1, (well about day 323 but who's counting eh?)

Anyway....I feel the need to say THANK YOU again for staring at me via (the first book) on Waterstones bookshelf on that faithful Christmas weekend a few years back, then the seminar at posh Heathrow that i drove to in my van! Ha!

Patience is free, watched my portfolio turn to poo, then back into gold, bought another house with profits, ISA is crammed with good earners, and KENTZ? Need I say another word? Here's one... wow, and another, did I mention thank you Mr Burns

Thanks Chris, I remember you well! In fact I remember you giving me some "humble builder" type nonsense and so glad you've done well and I helped with the book and the seminar. One thing you picked up is the ability to hold onto the good winners for yers to get the real rewards.

I'm happy for you. Great thing about trading is it doesn't matter who you are, what you do, or how you perceive your "status". We are all equals in trading and that is just great.

Duane writes:
Wanted to say a big thank you to you and Mrs NT for an amazing day of learning and fun at your seminar.

The way you explained the share trading from start to finish was understandable and really interesting, well worth the seminar fee!
It was great to hear such down to earth and honest assessment from a successful trader like yourself. The way you explained everything was good revision from your book and gave further insight into successful share trading.

I particularly liked your live trades and going through your accounts when you gave snippets of why you invested in certain shares and why you kept/dumped them. Also helpful was the way you searched for prospective shares and within minutes discounted them or put them on a short list for further examination and correct entry points. Amazing!
You could really tell that you loved doing what you do and your energy levels to keep going till 10pm was well....... I had to leave at 9pm I was shattered!

Thanks again Robbie I am keen to put into practice what you have taught me. Even though you make squillions from your trades and I am sure don't need to do the seminars for financial gain, but please keep doing those seminars for newbies like me!

Thanks Duane! Don't expect to be doing them foreever but very rewarding for me to help people so expect to carry on for a while longer.
Malcolm writes:
A thousand thanks for the seminar, which I found both informative and inspiring. If I can keep my own psychology somewhere near balanced I can make steady money at this until I pop off.

I was particularly pleased to find your approach so simple. This chimes with Warren Buffet, who of course says,

'If calculus or algebra were required to be a great investor, I'd have to go back to delivering newspapers.'

It also confirms my own prejudice, and what my friends in the City have told me, namely, that the financial complexity is unnecessary, only there to bamboozle the unwitting public, and doesn't make it any easier for the City boys to make money. Hence nine out of ten funds haven't beaten the index in any four year period since 1914 (Motley Fool).


Thanks Malcolm. Glad to hear and hope you don't pop off just yet. I agree: simplicity is best and all the jargon tends to be just there to make the jargon talker sound important or that they know what they are talking about.

Terry writes:
Fantastic seminar.

I have always been sceptical of the public testaments you see on web sites
saying how great an event was. Now I'm one of those people!. I
genuinely believe that the tips and techniques as well as the overall
approach you demonstrated will radically improve my trading performance

Thanks Terry, well all the testaments are real but know what you mean and glad you feel it was worth it!
Stephen writes:
I read your book and did the course - and I wasn't sure if I'd recoup the cost, it's been 2 years and I've made £38k + saved a loss transferring a Jupiter ISA heavily invested in BP. I can't tell you how important this is or how grateful I am. That's just me, who knows how much people have made with your help and saved by not making mistakes. I wanted to get into shares as they recovered after the crunch, but I assumed I had to put a large amount in one company I thought would make a big jump.
But what happens when you make £1m on the website, will you still do courses? I don't know how you do your ISA and SIPP investments, write the website, books, courses and answer e-mails. But please don't give it up. Couldn't you do the courses and have a standing website which gets updated with your trades say once a month so people can see what you do..

Stephen thanks so much for such a nice mail and much appreciated! Dunno about the future, I feel like I'm getting jaded. It's possible I might just reduce it all at some point to twice a month after going weekly - that would probably help. The other problem is other people's angst is getting to me and the email workload becoming overwhelming. I think after ten years it might be time for me to quit. Anyway good luck with your trades and hope you make a lot more.

I have 3 great offers from ADVFN.


ADVFN level 2 offer

SAVE OVER £120 !
First great deal: If you want level 2, though me it is only £305 for your first year including VAT!
This compares to £432 direct from advfn so this deal saves you over £120! ADVFN level 2 also includes all the live trades made through Plus Markets which I find invaluable.
To accept this great deal just e-mail me at robbiethetrader@aol.com with "Level 2 offer" in the subject line and I will tell you how to get it. Level 2 gives you access to all the market maker positions and the order book and I would not trade without it! More on level 2 in my book and I spend hours on it at my seminars.

ADVFN Bronze Offer

Deal two is ADVFN's bronze subscription - normally £72 pa - available from me for only £41! (inc vat) That's a saving of over £30! You access to the premium bulletin board which contains my discussion forum with direct access to chat to me and some very good traders. Plus you get ADVFN's premium top lists which I think are a must for finding great stock picks. That includes great lists like ex dividend dates, market maker buys plus chart breakouts and downs. All as explained in the book.
To take up the offer, e-mail me at robbiethetrader@aol.com with Bronze in the subject line and I will tell you how to claim the deal.

Bronze is included inside the level 2 deal.


Advfn Silver Exclusive Offer

Deal three is ADVFN's silver subscription - for those of you who want all the benefits of Bronze AND always on real-time prices.. no more using the back button and getting frozen out!

The deal is via me you can save nearly £30 for your first year by paying just £141 inc vat via me instead of £169.20.
Just mail me at robbiethetrader@aol.com if you'd like this deal with "silver" in the subject line.


Selftrade Offer

Want to try out broker Selftrade superb trading system for no risk? You only have to trade once to get £50 bunged into your account! You get £50 and I get £50.
All online deals are just £12.50 with no funny small print. Charges for phone deals are higher, check terms and conditions. They also charge £35 plus vat pa for all accounts. Follow this link...
http://tinyurl.com/57hp4n

Markets

.. continue to be barmily volatile. Although at least up for this week at any rate! Which means they will probably sink next week!
Just when you think one country causes a problem another country suddenly appears from nowhere.
Slovakia now, where did that come from?
Well, anyway at least markets are up for now after more sticking plasters were licked onto the economy. But you do wonder if at some point it will all come crashing down.
Well, as I'm off to Tenerife for half term in a few days my plan has been to do as little as possible for the moment as I don't want to be sitting at a laptop during the holiday watching volatile shares going up and down!
In the main I continue to sit on some cash, keeping hold of my good ones, and more or less sitting on the sidelines for now.
After all, I have made a lot of money so I don't see the point in taking massive risks now to try and make a bit more. I can easily sit back and relax a bit now and see how it plays out. Also, I'd rather be in some cash then start taking some losses.
I'm pretty convinced the strong ones I have a lot in should continue strong. And if the whole economy screws up, well we'll probably all be fighting each other in the streets.
Given I'm a rubbish fighter I'll join my friend in her house with her 500 cans of Tescos bangers and beans. (Value).
And so after my recent sell offs and profit and loss taking of the real volatile ones I've been simply eating toast, watching stuff I taped ages ago.
I'm just really not that interested in getting involved with the roller coaster current market wondering whether to place an upbet because someone may/may not say something, an economic figure may be good/bad...
I do have a shortlist of shares that look really cheap and I'll sit and wait with those and get in when it looks good. Preferably on a bad day. Those of who coming to Friday's seminar we'll go through the list.
However I could hardly resist one or two trades!!
Given Labrokes' history of bidding for companies and then not going through with it it was odds on the bid for Sportingbet wasn't going to happen. But I think the big fall after the talks were ended actually makes a nice buying opportunity so I picked up 10,000 Sportingbet (SBT) at 36.6.
Without a bidder the company actually looks very decent value as a standalone and in the mid 30s looks as cheap as casino chips. Meanwhile I don't feel there is a lot of doubt there will at some point be another suitor so this seems a good lockaway for some very decent future upside. And I can't see an awful lot of downside from here.
I think without a bidder there is 20% upside from here and with a new bidder 50%. That's my sporting bet anyhow!
As I mentioned last time I was about to buy some Cape (CIU) on the dips so I did it on a spreadbet for a tenner at just over 427. Nice company this though very volatile but I hope around the 420s is a bottom. Could be some nice upside however it has a habit of folding fast in a bad market so it looks like a pretty good case for a trailing stop.
I also nibbled at some IMI, which looks mighty cheap down nearly 300 points from its peak. Worth a nibble with a stop, a fiver a point at 768. As with Cape a main market fall would see it cave further so again a trailing stop looks the ticket here. I thought its last statement rather good.
Portfolio highlights:
Actually the portfolio has had a pretty good week.
Coastal Energy rises again after falling back - it seems to mirror the Dow because of its listing in canada but keeps coming up with excellent statements. Up well over a grand anyhow for now.
I expect by the time I next update I'll know if bid target Entertainment One is bid for! It will be a bit disappointing if it isn't but then again the company looks worth 180-190p without one and I've still doubled my money on it regardless.
Telecom Plus continues to be a shining star. I suspect it will buzz around 7 quid till the next re-rating but in the meantime happy to have the whopping dividends and it remains a fabulous long-term play Total profits here are well in excess of £50,000 and way more than that personally - plus all those lovely dividends. I would think these would be trading at a tenner within about a year. Another nice performance today, 800p potential by year end.

Kentz remains a big hope for me. Doubled on the initial spreadbets I still hold has in a small loss on the two recent top ups. With its massive cash balance there seems little downside and plenty of upside potential. They are now in the FTSE 250, so it tends to drift if that index drifts but looking ahead a couple of years I think it will get bought out at a much higher price
My long-term drugs hold BTG Group pulled off a very nice statement last week and since then the share price has continued to go up - with revenues well ahead of expectations, probably one to hold onto for at least another couple of years and a nice doubler.

I keep wondering whether to bank the rest of the Ocado short as there is a profit there of more nearly £4,000 It doesn't go up much with the main market but wonder if I am being too greedy expecting any further falls.
Avon Rubber produced another great statement - their masks continue to be in big demand and it looks like it might try and head over 300 again.
A few recent buys are sitting there doing not much such as Eros, Zotefoams, CML and RWS but they all look cheap so as long as we are not heading into the abyss, I'll stick in there.
The long-term Petrofac trade still holds good, was vaguely tempted to top up. Some bid rumours floating about.
I've been getting e-mails regarding my use of direct market access and who I use. I've tried a few and for me the easiest system for me is here:
http://www.igmarkets.co.uk/?QPID=1079&QPPID=1
Direct market access means you can place orders directly onto the order book bypassing brokers and market-makers with a chance to buy at the "sell" price. I would suggest you ensure you know what you're doing first but IG does provide much education with its "tradesense" educational tool which comes with it.
I also use its spreadbetting service too along with other firms like Tradefair because it now provides trailing stops which to me is a pretty sensible way of trading. Link is here: -
http://www.igindex.co.uk/?QPID=1078&QPPID=1
that also includes a pretty decent educational programme. As usual before opening accounts please read all the warnings on the sites. You can lose a lot of money if you're not careful so pay close attention to them and make sure you always understand what you are doing and what your potential losses are.


£100 Tradefair offer

I've also started using Tradefair for spreadbetting - I like the auto generated stop losses which help to maintain discipline and that's good for beginners I think. And exclusively for Naked Trader readers they upped the offer to £100 credit.
So there's now a £100 credit on offer for anyone opening an account via me. You get that after 5 spreadbets (terms and conditions apply).
To get the offer, click here:
http://www.tradefair.com/promo/spreads/nakedtrader100/

E-mail subscription service

If you want to get the contents of The Naked Trader website into your mailbox instead of waiting for the update to come through, plus exclusively news on the progress of my SIPP from the old Sunday Times column inc new higher risk Aim buys made for that, e-mail me at robbiethetrader@aol.com with SIPP in the subject line for details of how to get it.

Telecom Plus Offer

Want to quit the rat race? Try and start a new source of income so one day you can tell the boss to stuff it? You could do what I did to escape my grotty office job and become an independent distributor for the Utilities Discount Warehouse.
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It's called residual income and is a far better way to enjoy a ripe old age than relying on a pension. Because even after you stop selling the money STILL comes in!
I still get paid EVERY MONTH for sales I made back in 1999! Every time a customer uses broadband or the phone or switches on a light you get paid.
It's a great business and backed by a stock market company (Telecom Plus), a dedicated team of advisors.. and me to help you on your way!
Not only do you get paid out every month for each customer you can take on distributors. encourage them like I do and get paid on their sales as well.
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You have to work at it, but if you do genuine repeat wealth could be yours. I did it. You can too. For full details, why not email me at robbiethetrader@aol.com.
An overview is also available at http://www.telecomplus.org.uk/fabdeal you can sign up directly there but do tell me!
****
Trade tables follow! Trades are current open and recently closed trades. Closed trades feature the closing price and the amount I won or lost. All others are open. Trades get updated a little later than the narrative. Trading costs are ignored, however I also do not add in dividend payments and with the kinds of companies I buy, dividends tend to equal or outweigh costs. Spread rollovers ignored for web purposes. Tables as accurate as poss however a mistake or two can creep in and very occasionally if I forgot I sold or bought something it will be added at a later time.
Trades first reported Wednesday afternoons under "Markets" section..